UNCTAD issued its Asia-Pacific Trade and Investment Report 2019 highlighting that these tariffs affect the 58% of trade in Asia-Pacific trade, adding that the non-tariff measures (NTMs) have significantly increased in the past two decades.
Due to unresolved trade tensions, high international policy uncertainty and declining business confidence, the UN announced on May 21, a broad-based slowdown in the global economy and cut its growth predictions. UN also informed that a weaker global economy puts essential investments at risk. Developing countries could feel the most impacts.
Panama Canal achieves milestone transit12/08/2020
ReCAAP ISC: Six incidents of piracy and armed robbery reported during July 202012/08/2020
Mauritius PM calls for worst-case scenario preparations12/08/2020
Just In Time guide launched supporting smarter, efficient shipping12/08/2020
- Maritime Health
Update August 12: Live map depicts spread of coronavirus12/08/2020
Two workers died at Al-Zour LNG terminal in Kuwait11/08/2020
- Green Shipping
APM Terminals, CMA CGM link Spain, UK and Ireland with eco-friendly solution11/08/2020
MPA issues guidelines for safe transfer of people between vessels at anchorage11/08/2020
China revises law on the prevention and control of environmental pollution by solid waste11/08/2020
IMO digitalizes all meetings for 202011/08/2020